GRMN FY 2021 Earnings — Garmin Ltd. Revenue & Financial Results | Market Cap Arena

GRMNGarmin Ltd.

$46B

FY 2021 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$5.0B+19.0% YoY

Gross Profit

$2.9B58.0% margin

Operating Income

$1.2B24.5% margin

Net Income

$1.1B21.7% margin

EPS (Diluted)

$5.61

Cash Flow

Operating Cash Flow

$1.0B

Free Cash Flow

$703M

Stock-Based Comp.

$93M

Balance Sheet

Total Assets

$7.9B

Total Liabilities

$1.7B

Stockholders' Equity

$6.1B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.0B	$4.2B	+19.0%
Gross Profit	$2.9B	$2.5B	+16.5%
Operating Income	$1.2B	$1.1B	+15.6%
Net Income	$1.1B	$992M	+9.1%